IGATE Q3 Profit Beats Street - Quick Facts

(RTTNews) - Information technology company iGATE Corp. (IGTE) reported a 12.7% rise in third-quarter net income attributable to the company to $31.9 million, from last year's $28.3 million, with quarterly earnings per share increasing to $0.30, from $0.27 reported a year before. In the recent quarter, non GAAP per-share earnings stood at $0.46, unchanged from the prior-year period.

Revenues for the tri-monthly period advanced 8.2% year-over-year to $293.41 million, from $271.1 million.

On average, 7 analysts polled by Thomson Reuters expected earnings per share of $0.43, on $289.38 million in revenues for the quarter. Analysts' estimates typically exclude one-time items.